Personally I like Banner Elk because of its size, attractions, ease of getting there and typically attracts quality people.

If it was a septic, it would not be metal so tell us the size.

In regarding to wasting your OO loan on a duplex, in some cases (with a bit of convincing) you can increase the family size with FHA.

It's more of a price per sf, where you find out what similar lots (similar size, topography (i.e. flat), neighborhood and zoning) have traded for and that's how you comp it out.

Plus if you partner with an experienced syndicator, your odds of success go way, way up if you do not have experience running this size of a deal.

Where can investors find information about how to offer their properties under public housing programs, how much the government will pay the landlord based on unit size and so on?

Now he was basing his reasoning on history and the chart trends at the time.

If you want to change the size, rise/run, location, etc. you're going to need permits, etc.If you hire out a total rebuild, the contractor will most likely have to be licensed and insured.Honestly, I'd do this myself.

Proximity to an incredible international airport like LAX is a big bonus, as SAN is a fraction of the size or capability or quality, unfortunately we have a garbage airport for America's finest city.

As properties get aged we do sometimes offer specials for applicants who are highly qualified, but only on certain properties and for specific reasons (aged unit, overpriced, lots of competition/for rent in the area, multifamily with a few of the same size for rent in the complex).